RewardExpert.com is an independent website that is supported by advertising. RewardExpert.com may be compensated by credit card issuers whose offers appear on the site. Because we are paid by our advertising partners it may impact placement of products on the site, including the order in which they appear. Not all available credit card issuers or card offers are included on the site.

Capital One® Spark® Miles for Business

"Great card to manage day-to-day business expenses and earn solid rewards at the same time."

Capital One is known for having several great travel credit cards for consumers, but don’t forget
they have great small business cards, too. The Spark Miles for Business, like other Capital One
cards, earns miles on every purchase, and the rewards you earn can be used with any airline,
hotel or car rental agency.

These no-hassle credit cards are popular due to their easy-to-use rewards and competitive earnings
rates. With the Spark Miles business card, you‘ll earn two miles per dollar on every purchase,
every day. Combine that with a great 50,000 miles sign-up bonus and no annual fee the first year,
and you’ve got a winning card.

Too good to be true? Not exactly, but the value of your miles only goes so far. All the miles
you earn are worth a fixed amount when redeemed for travel, so you can’t stretch their value
like you can with other rewards and loyalty programs. We’ll dive more into that as well as the
rest of the benefits of the Spark Miles card in this review.

Bonuses and Benefits

Knowing what benefits come with a credit card can help you decide if it’s a good fit for you. Here we cover the bonuses and perks that the Capital One® Spark® Miles for Business offers and the value of the Capital One Venture® Rewards miles you earn.

Bonuses

Once your new card arrives in the mail, you can earn 50,000
bonus miles after spending $4,500 within the first 90 days.
This bonus is worth $500 in travel
and is a great way to starting building your rewards balance fast!

Keep in mind that this card does not offer an annual spend bonus or anniversary bonus,
so after you get your sign-up offer, you have to continue to use the card for all your
business expenses if you want to increase your rewards for your next business trip or vacation.

What You Get

Earn 2 miles per $1 on every purchase, every day

Plus, a one-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening

Miles won't expire for the life of the account, and there are no categories to limit where or what you buy

$0 intro annual fee for the first year; $95 after that

There's no limit to the amount of miles you can earn

Redeem miles for travel, cash back, gift cards and more

No foreign transaction fees and fly on any airline, anytime, with no blackout dates or seat restrictions

Unlike some loyalty programs, you don’t have to worry about your Spark miles expiring.
As long as your account stays open and in good standing, your miles won’t expire. However,
if you cancel your card, you’ll forfeit any unredeemed miles. But with so many redemption options
(like toward tolls on a road trip or train tickets through Europe), you shouldn’t have any trouble
finding ways to use your miles.

What is the value of the Venture® Rewards Miles?

With traditional airline loyalty programs, the value of miles can vary amongst airlines, routes,
cabin classes and other factors. It can be confusing to keep up with all the rules and variations,
especially since they change so often.

With Spark miles, your rewards have the same value across the board. It doesn’t matter
if you use miles for the family’s annual trip to Florida or your second honeymoon to South
America. The 50,000 miles sign-up bonus is worth the same no matter what you do with it.
You’ll get $500 off a two-week
car rental, $500 off a swanky hotel in Las Vegas
or $500 off business class airfare to Hong Kong.

Sign-up Bonus

Flight Type

Average CPM

RE® VALUE

50,000

miles

Economy · Domestic

2.00cpm

$1,000

Business · Domestic

2.00cpm

$1,000

Economy · International

2.00cpm

$1,000

Business · International

2.00cpm

$1,000

What is CPM and How Is It Calculated?

Cents Per Mile (CPM) is a way to measure the value of miles or points.
It tells you how many cents you get for each mile or point you redeem by
dividing the cash price of the airline ticket by the number of miles or points the award flight costs.
That amount is multiplied by the number of miles or points earned per dollar spent on
everyday purchases to account for cards that earn more than one mile per dollar spent.

The Best Ways to Redeem Venture® Rewards Miles

Miles are easy to earn and redeem with the Spark business card. As a cashback-style
rewards program, you earn double miles on every purchase, and each mile is worth $0.01.
As an example, 10,000 Venture miles are worth $100, and your rewards are worth the same
regardless of how you use them. Since those 10,000 miles are good for $100 worth of flights,
hotels, cruises, times shares, car rentals and more, the best way to redeem miles is to
use them based on your own travel preferences.

The Best Way to Redeem Rewards for Travel in

Economy Class

Roundtrip Domestic

San Francisco–Washington

Economy class

Miles price

64,000miles

+$0 fee

Dollars price

$640

1.5cpm

Good Value

Seattle–Los Angeles

Economy class

Miles price

60,500miles

+$0 fee

Dollars price

$605

1.5cpm

Good Value

New York–Philadelphia

Economy class

Miles price

84,300miles

+$0 fee

Dollars price

$843

1.5cpm

Good Value

Roundtrip International

San Francisco–Seoul

Economy class

Miles price

141,322miles

+$0 fee

Dollars price

$1,413

1.5cpm

Good Value

Los Angeles–Cairo

Economy class

Miles price

153,768miles

+$0 fee

Dollars price

$1,537

1.5cpm

Good Value

New York–Peru

Economy class

Miles price

68,390miles

+$0 fee

Dollars price

$683

1.5cpm

Good Value

Roundtrip Domestic

Denver–Houston

Business class

Miles price

239,400miles

+$0 fee

Dollars price

$2,394

1.5cpm

Good Value

Orlando–Las Vegas

Business class

Miles price

145,440miles

+$0 fee

Dollars price

$1,454

1.5cpm

Good Value

Miami–Atlanta

Business class

Miles price

48,400miles

+$0 fee

Dollars price

$484

1.5cpm

Good Value

Roundtrip International

Honolulu–San Jose

Business class

Miles price

155,059miles

+$0 fee

Dollars price

$1,551

1.5cpm

Good Value

Chicago–Montreal

Business class

Miles price

55,670miles

+$71.7 fee

Dollars price

$557

1.5cpm

Good Value

Dallas–Hong Kong

Business class

Miles price

407,548miles

+$0 fee

Dollars price

$4,075

1.5cpm

Good Value

Other ways you can redeem miles

Hotel Stays

Whether you prefer big hotel chains or small
town B&Bs, you can use your Capital One rewards toward any accommodation you like.

Car Rental

Do you typically rent from the same car rental agency or just go with whoever is the
least expensive? Whatever your preference, you can redeem miles for any type of car with
any car rental company.

Gift Cards

Through Capital One’s website, you have the ability to redeem rewards for gift cards,
but you’ll be doing so at a lesser rate than if you redeem your miles toward travel.

Cash Back

While you can redeem for cash back, you’ll get a higher value for your miles by
redeeming for travel instead. If a statement credit is what you’re looking for, make
your next travel purchase on the Spark card and redeem your rewards as a statement credit
toward that purchase.

Everyday Earnings with Capital One® Spark® Miles for Business

The best part about the Spark Miles credit card is the great return you get when using the card.
Each and every purchase you make earns double miles, so you don’t have to juggle multiple cards
to make sure you’re earning enough rewards. Have travel expenses for your business? You’ll
earn double miles. Need office supplies? You’ll earn double miles there, too. Taking a client
out to dinner? Double miles on these purchases as well.

Spark® Miles Business Credit Card Rewards

Your Monthly Charges

Rewards You Will Earn Annually

48,000miles$480in dollar value

On every purchase, every day

2miles/$1

Since you earn double miles on every transaction, you don’t have to worry if your purchase
will earn enough miles. Simply use your Spark card for every purchase, and you’ll
always earn double miles. No category bonuses to remember, and no hassles to worry about.

Travel Benefits

No Foreign Transaction Fee

Using your card outside the United States won’t incur any extra fees.

Auto Rental Collision Damage Waiver

Travel with peace of mind knowing your car rental is protected against damage or theft.

Travel and Emergency Assistance

If you’re traveling on business, this card will assist with emergency services,
like medical and legal referrals, any time day or not. Third party charges do apply.

Earn Elite Status Fast

Although your Capital One mileage balance will add up fast, any spend you put on this
card won’t help you earn elite status since your rewards aren’t tied to any one specific airline
or hotel chain.

Fees: the cost of Having Capital One® Spark® Miles for Business

Another great benefit to this credit card is that the annual fee is waived the first year.
After that, there’s a fee of just $95
each year, which is low compared to similar double-mile
cards. In order to cover the annual fee, you’ll need to spend about $3,000
annually to earn
rewards to offset the cost. That works out to only $250 per month. Alternatively, if you
spend about $1,500 each month, you’ll have paid off the card in just two months.

Another way to consider the annual fee is in the context of the sign-up bonus’s value.
The 50,000
bonus points are worth $500 right off the bat. That’s worth about 9.5
years of annual fees (since the first year is waived), which is an incredible value.

Annual Fee

$0 intro for first year; $95 after that

Foreign Transaction Fee

0%

Late Payment Fee

Up to $39

See What It Takes to Cover an Annual Fee:

Your Average Monthly Spend

Months to Cover Annual Fee

3months

Recommendations

We strongly recommend to spend not less than
$1,584
per months to cover the annual fee in three months.

Does the Card Pay for Itself?

We’ve broken out our estimates for the first- and second-year net earnings
you’ll get with the Spark Miles for Business credit card. Is the card worth getting, and should you
keep it after you get the sign-up bonus? Let’s find out.

These estimates are based on an annual monthly spend of $2,000

First Year

Signup Bonus

$500

Anniversary Bonus

$0

Everyday Rewards

$480

Statement Credit

$0

Free Bags

$0

Earnings

$980

Foreign Transaction Fees

-$0

APRS Charges

-$0

Annual Fee

-$0

Charges

-$0

Rewards Earned First Year

$980

Second Year

Signup Bonus

$0

Anniversary Bonus

$0

Everyday Rewards

$480

Statement Credit

$0

Free Bags

$0

Earnings

$480

Foreign Transaction Fees

-$0

APRS Charges

-$0

Annual Fee

-$95

Charges

-$95

Rewards Earned Second Year

$385

Top 5 Benefits of the Spark Miles for Business Credit Card

Spark Miles is a solid small business card that’s filled with great benefits, like double miles on every purchase
and a 50,000 miles sign-up bonus. Here’s a list of the top five benefits of this card.

Great Earning Potential:
Every purchase earns 2X miles. There are no category bonuses to think about and no limits.

Hassle-Free Redemptions:Spark miles can be used with any airline, hotel, cruise line, car rental agency and more.
There are no award charts to consider as miles can be used for statement credits whenever
you choose. Even better, there’s no need to worry about blackout dates or limited award space.

No Annual Fee for the First Year:
Once you sign up, the annual fee is waived the first year you have the card.
After that, you’ll pay just $95 per year.

Free Employee Cards:
Add cards for your employees at no extra cost, and all of their purchases will
earn double rewards, too.

Should You Get the Spark Miles for Business Credit Card?

Capital One’s Spark Miles card is a great way to manage day-to-day business expenses and
earn solid rewards at the same time. Unlike other travel cards, you have ultimate flexibility
to redeem your rewards however and whenever you see fit.

With no annual fee the first year, this card is a no-brainer. And because every purchase earns
double miles, that’s like getting 2 percent back toward travel every time you use the card.
If you travel for business and use multiple air carriers, various hotel chains and whatever
car agency has the best deal, you’re all set because your miles are good for just about
any type of travel. You’re not committed to just one airline or hotel group.

Plus, with the backing of Capital One and great built-in benefits offered through Visa,
you can shop with the confidence of knowing that you’ll have the necessary protections.

FAQs

Need more info? Check out our frequently asked questions. If you have other questions, please click on “Ask Now” below.

Unlike some banks, Capital One limits the number of cards you can have with
them at one time. That limit is five. It doesn’t matter if the cards are personal or
business cards or which rewards program they belong to, Capital One will only approve
up to five cards for one person at any time. If you’re interested in the Spark Miles
card but already have five others with Capital One, you’ll need to close one of your card
accounts before being approved for the Spark.

Definitely. Spark Miles from your business can be combined with Venture Miles from your personal
credit card giving you even more flexibility. If you have other Capital One cards, however, they
may not be eligible to combine rewards. As always, certain terms and conditions apply.

You bet, and that’s one advantage of using Spark Miles over traditional airline miles or hotel
points. Because you’re buying a revenue airline ticket or hotel room, you’ll still earn
miles with your respective airline or hotel chain. And any elite status you have will
continue to be recognized.

Keep in mind that while you can redeem miles for purchases made through online travel
agencies (OTAs), purchasing through those websites usually means your hotel status will not
be recognized (because you’re getting a specially discounted rate). If you book directly with your
hotel, you shouldn’t run into that problem.

Spark Miles can be redeemed in any quantity at any time. After you make your
travel purchase and the transaction posts to your account, you can either call
or log into your Capital One account and navigate to the Purchase Eraser.
With this tool, you can redeem as many reward points as you wish toward your
travel purchase. You can wipe out your entire hotel stay or choose to redeem
part of your reward balance and save your remaining points toward a future redemption.

There are differences between these two offerings. For starters, the sign-up bonus
on the Spark Miles Select is 20,000 miles compared to the standard Spark Miles’ 50,000
miles. Next, the Spark Select only earns miles at a rate of 1.5X, while the Spark earns 2X.
That can really add up over time.

One benefit the Select card has that’s not found on the regular Spark card is the
nine-month introductory 0% APR. That means you won’t incur any interest charges for
the first nine billing cycles, even if you don’t pay off your card in full.

Lastly, the Spark Select doesn’t have an annual fee. While that could be advantage for
some businesses (perhaps ones that are just starting out), the regular Spark Miles
card earns miles at a higher rate. Long term, the Spark Miles could earn you more
rewards if you spend enough on the card to compensate for the annual fee.

Compare Venture® Rewards Credit Card to Other Cards

Even if you’re pretty sure that the Spark Select is a good choice for you, you should take a quick look at
these other business credit cards and consider whether they might be a better choice.

50,000miles offer

Check if Capital One® Spark® Miles for Business is the best option for you

These cards have more differences than similarities. For starters, the
Spark card’s rewards can be used for almost any type of travel, while the
other cards offer a different type of redemption flexibility. The Amex Business
Rewards Gold card and Chase Ink Plus give you the ability to redeem points toward
travel or transfer to certain hotel and airline partners through the Membership
Rewards and Ultimate Rewards programs, respectively.

The Amex Starwood Preferred Guest (SPG) card is also different. The points you earn here
can be used for free nights at any SPG property, but SPG points can also be transferred to a
long list of airlines. Plus, if you transfer 20,000
SPG points to any airline, you’ll get
a 5,000 points bonus courtesy of SPG (which is a tremendous benefit).

The SPG card rewards points are among the most
valuable out there in part because of how flexible they are. Don’t forget that SPG
and Marriott are merging, so you have the added benefit of converting SPG points to
Marriott Rewards (or vice versa) to redeem SPG points toward Marriott hotels.

Another difference is that the Spark card has the edge after the first year with the
lowest annual fee of this group. Meanwhile, the SPG and Ink Plus cards cost $95 per year.
Lastly, the Amex Business Gold card has the highest annual fee of $175.

If you desire to stay in high-end hotels or fly in premium cabins, you can really
stretch the value of your points with Membership Rewards, Ultimate Rewards and SPG points.
Conversely, Spark Miles are worth the same fixed rate of one cent each no matter how you
redeem them. Depending on your travel goals, this may or not matter to you.

Card Overview

Whenever you apply for a credit card make sure you read the terms and conditions of the card and the rewards program to find out about minimum spend requirements and any restrictions to ensure you can successfully obtain the card and earn the rewards it offers.

Card Details

Excellent credit score

Issuer

Capital One

Use miles

No

Pay with points

Yes

Flight Features

Available airline

Any

Loyalty Program

Venture® Rewards

Flights Type

Domestic and International

Alliance

Not a member

Travel Partners

Airlines

Any

Hotels

Any

Car Rental

Any

Cruise

Any

Card Terms and Conditions

While it's easy to focus on the rewards offered by the Spark Miles for Business credit card,
it's worth taking a closer look at the terms and conditions. There's a lot to consider as
you think about how you're going to use the card. Will you carry a balance, get a cash
advance or maybe make a big purchase? Below is a rundown of the various interest rates,
purchase protections, security features and mobile banking options that come with this Visa card.

Purchases

Intro APR:

N/A

Intro APR for balance transfers:

N/A

Ongoing APR:

19.24% (Variable)

Minimum Grace Period:

25 days

Extended Warranty Protection:

This card doubles the warranty of your big-ticket items to give you extended protection
in the event the manufacturer’s warranty runs out and your item breaks or stops functioning.

Purchase Protection:

On eligible purchases, this card has you covered
if your product is lost, stolen or damaged within 90 days of purchase.

Price Protection:

This benefit helps you save money on products you put on your
card if the price changes within a limited time after you buy it.

Cash Advance Features

Ongoing APR:

25.24% (Variable)

Cash Advance Fee:

3% of the amount of the cash advance, but not less than $10

Security and Protections

Capital One offers several great security features with the Spark Miles credit card.
Security alerts are automatically sent by text, email and voice whenever something
doesn’t appear right with your account. You’re also covered by the standard $0 Fraud
Liability for any unauthorized transactions.

Account alerts:

Set up personalized alerts in addition to the automatic alerts to stay on top of your account.

EMV Chip Technology:

Use your card with confidence with merchants that accept chip technology.

CreditWise from Capital One

Monitor your credit for free with this unique app from Capital One.

Mobile Banking

Banking on the go has never been easier thanks to the Capital One mobile app and mobile website.
Check your balance, account activity, and more whenever you want and wherever you are. You don’t
need to be near a computer to stay on top of this card.

Paying with Your Smartphone:

This card is compatible with Apple Pay, Android Pay and Samsung Pay.

Capital One Mobile App:

Compatible with Android, iPhone, iPad or Apple Watch.

Capital One Wallet:

Free tools to monitor and track all your credit card purchases in one place in real time.

Additional Cardholder Benefits

Capital One’s Spark Miles card comes with Visa Business benefits, which
are similar to Visa Signature benefits.

Visa Signature Travel Benefits

Auto Rental Collision Damage Waiver:

Receive primary collision coverage for theft and damage for most rentals in the U.S. and abroad.

Lost Luggage Reimbursement:

Your checked and carry-on luggage is covered up
to $3,000 if it’s lost or stolen. You must pay for your entire trip using your Spark card.

Travel Accident Insurance:

Receive coverage for accidental death or dismemberment
when you travel with a common carrier and charge your fare to your card.

Travel and Emergency Assistance Services:

Legal and medical referrals, and other travel
and emergency assistance is available any time of day. Service charges apply.